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China is ordering carmakers to conduct checks on electric vehicles after some made by Tesla and Nio caught on fire, spurring anxiety over the safety of battery-powered automobiles. Companies
need to check for potential safety hazards with battery boxes,
waterproof protection in vehicles, high-voltage wiring harnesses, as well as
onboard charging devices, the country¡¯s industry and technology
ministry said in a statement posted on its website.
WASHINGTON -- U.S. President Donald Trump threatened to raise tariffs on China again if
President Xi Jinping doesn¡¯t meet with him at the upcoming Group of 20
summit in Japan. Trump, indicating he expected China to reach a deal, said in an interview with CNBC that tariffs on about $300 billion in Chinese goods would be enacted
immediately if they don¡¯t reach a pact at the summit this month.
The United States increased tariffs Friday on $200 billion in goods from China and threatened to impose more in the most dramatic steps yet to extract trade concessions, with U.S. President Donald Trump saying there¡¯s ¡°no need to rush¡± a deal even though the uncertainty is roiling markets and clouding the global economy.
WASHINGTON -- A U.S. senator plans to
introduce legislation on Thursday to streamline regulation and
permitting requirements for the development of mines for
lithium, graphite and other electric-vehicle supply chain
minerals, as part of a plan to offset China's dominance in the EV market.
BEIJING -- China is considering plans to relax controls over the issuance of new car licenses in major cities to boost flagging auto sales, financial magazine Caixin reported on Wednesday, citing a draft document by the country's state planner.